Charity
COVENANT PRESBYTERIAN CHURCH
About
What does COVENANT PRESBYTERIAN CHURCH do?
A Charitable Community Dedicated to Spreading God's Love & Grace Discover how this faith-based organization is making a difference in your community through devotion, relationship building, and disciplemaking.
Founded
1992
People
wong kum meng, ho chung tat, tay soon hua jimmy, jasmine tan jie min, aruneeporn ng hui xia, ong kim choo christina, lee sue yeong abel, khoo swee siang jenny, wang xuexue, wong poon chee
Causes
No PovertyHealth & WellnessEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1992
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes spiritual growth and community building among its members through regular worship services, Bible studies, prayer meetings, and other religious activities.
- Provides a safe space for individuals to seek guidance and support during times of crisis or difficulty.
- Encourages acts of charity and volunteerism within the local community, fostering a sense of social responsibility among its members.
- Offers various outreach programs that address issues such as poverty, homelessness, addiction, and mental health, providing resources and support to those in need.
- Contributes to interfaith dialogue and understanding by engaging with other religious communities and promoting peaceful coexistence among different faiths.
- Supports local schools and educational initiatives through partnerships or donations, helping to improve the quality of education for children
Donation Income
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Financials
Donation Income
What are the donations used for?
- Promotes spiritual growth and community building among its members through regular worship services, Bible studies, prayer meetings, and other religious activities.
- Provides a safe space for individuals to seek guidance and support during times of crisis or difficulty.
- Encourages acts of charity and volunteerism within the local community, fostering a sense of social responsibility among its members.
- Offers various outreach programs that address issues such as poverty, homelessness, addiction, and mental health, providing resources and support to those in need.
- Contributes to interfaith dialogue and understanding by engaging with other religious communities and promoting peaceful coexistence among different faiths.
- Supports local schools and educational initiatives through partnerships or donations, helping to improve the quality of education for children
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Financial Information
Source: Charity PortalCharities and IPCs are required to prepare the financial statements in accordance to the Charities (Accounts and Annual Report) Regulations and the Charities (Institutions of A Public Character) Regulations, where applicable. The financial statement is available online for latest 3 financial years.
| Receipts | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 1,348,731 | 1,144,811 | 0 |
| Non Tax-Deductible | 0 | 0 | 1,207,211 |
| Total Donations in Cash | 1,348,731 | 1,144,811 | 1,207,211 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 2,568 | 0 | 0 |
| Investment Income | 15,863 | 15,514 | 42,499 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 18,000 | 9,500 | 6,000 |
| Total Receipts | 1,385,162 | 1,169,825 | 1,255,710 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 986,633 | 1,043,045 | 832,484 |
| Overseas (Direct & Support) | 182,556 | 167,131 | 143,441 |
| Charitable Activities/Programme Expenses | 1,169,189 | 1,210,176 | 975,925 |
| Expenses | |||
| Other Expenses | 0 | 0 | 0 |
| Total Expenditure | 1,169,189 | 1,210,176 | 975,925 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 4,437,726 | 4,485,547 | 4,562,660 |
| Other Tangible Assets | 0 | 0 | 0 |
| Investments | 2,355,404 | 1,847,159 | 2,397,932 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 20,222 | 10 | 32,854 |
| Cash & Deposits | 943,265 | 1,213,802 | 668,491 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 7,756,617 | 7,546,518 | 7,661,937 |
| Funds | |||
| Total Unrestricted Funds | 3,170,417 | 2,988,408 | 3,034,816 |
| Total Restricted Funds | 4,470,750 | 4,524,178 | 4,570,288 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 7,641,167 | 7,512,586 | 7,605,104 |
| Liabilities | |||
| Total Current Liabilities | 115,450 | 33,932 | 56,833 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 115,450 | 33,932 | 56,833 |
| Total Funds and Liabilities | 7,756,617 | 7,546,518 | 7,661,937 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 48,500 | 115,800 | 4,037 |
| No. of Employees | 9 | 10 | 11 |
| Total Employee Cost | 573,306 | 644,585 | 543,697 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 22,700 | 2 | 4,037 |
People
At Covenant Presbyterian Church, members of the charitable community are dedicated to spreading God's love and grace by engaging in various activities that foster devotion, relationship building, and disciplemaking within their local community. Through these efforts, they aim to make a positive impact on those around them and share the values of faith, compassion, and service with others.
wong kum meng
ho chung tat
tay soon hua jimmy
jasmine tan jie min
aruneeporn ng hui xia
ong kim choo christina
lee sue yeong abel
khoo swee siang jenny
wang xuexue
wong poon chee
News
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